Advantage Energy Ltd. (TSE:AAV) Receives C$13.21 Consensus Target Price from Analysts

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$13.21.

Several analysts have weighed in on AAV shares. CIBC reiterated a “neutral” rating and issued a C$12.00 price objective on shares of Advantage Energy in a research note on Thursday, August 29th. National Bankshares dropped their price objective on shares of Advantage Energy from C$13.00 to C$11.50 in a research note on Friday, September 27th. TD Securities reiterated a “buy” rating and issued a C$13.00 price objective on shares of Advantage Energy in a research note on Wednesday, October 9th. BMO Capital Markets dropped their price objective on shares of Advantage Energy from C$13.00 to C$12.00 in a research note on Friday, October 4th. Finally, Cormark upgraded shares of Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd.

Insider Activity at Advantage Energy

In related news, Senior Officer Donald Craig Blackwood purchased 5,435 shares of the firm’s stock in a transaction that occurred on Friday, August 2nd. The shares were bought at an average cost of C$9.20 per share, with a total value of C$50,002.00. In other Advantage Energy news, Senior Officer Donald Craig Blackwood bought 5,435 shares of Advantage Energy stock in a transaction on Friday, August 2nd. The shares were purchased at an average cost of C$9.20 per share, with a total value of C$50,002.00. Also, Director John Festival bought 20,000 shares of Advantage Energy stock in a transaction on Friday, September 27th. The shares were acquired at an average cost of C$8.94 per share, for a total transaction of C$178,800.00. In the last three months, insiders have purchased 45,435 shares of company stock valued at $420,402. 1.55% of the stock is owned by insiders.

Advantage Energy Stock Performance

TSE AAV opened at C$9.12 on Thursday. The firm has a 50-day moving average of C$9.35 and a 200-day moving average of C$10.05. The company has a debt-to-equity ratio of 46.86, a quick ratio of 0.72 and a current ratio of 0.76. The stock has a market cap of C$1.52 billion, a PE ratio of 19.40, a P/E/G ratio of -3.58 and a beta of 1.46. Advantage Energy has a 52-week low of C$8.02 and a 52-week high of C$11.73.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its quarterly earnings data on Thursday, October 24th. The company reported C($0.04) earnings per share for the quarter, missing the consensus estimate of C$0.03 by C($0.07). Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. The business had revenue of C$144.86 million during the quarter, compared to analyst estimates of C$161.10 million. On average, sell-side analysts anticipate that Advantage Energy will post 1.4701493 EPS for the current year.

Advantage Energy Company Profile

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.